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1986-28343 HRA RESOLUTION N0. 283 RESOLUTION FOR AMENDING AGREEMENTS AND AUTHORIZING PUBLIC IMPROVEMENTS; NEW HOME PROGRAM ACTIVITIES WHEREAS, the Housing and Redevelopment Authority (HRA) in and for the City of Richfield has considered the status of the 66th Street/Rae Drive housing development, the 7508 Colfax Avenue South housing development, the sale of 920 W. 66th Street, and planned public improvements adjacent to the 66th Street and Rae Drive housing development; and WHEREAS, the HRA has determined that it is.appropriate to amend development agreements with George E. Branton Construction Company relating to 66th Street/Rae Drive and 7508 Colfax Avenue South housing developments; amend the terms of a purchase agreement previously authorized by the HRA to sell 920 W. 66th Street to the Louris family, and authorize public improvements such as sewer service,. water service, and concrete work adjacent to the 66th Street/Rae Drive housing development based on bids from qualified contractors. NOW, THEREFORE BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: 1. That the Chairperson and Acting Executive Director are authorized to execute amendments to the "Development Agreement Between The Housing and Redevelopment Authority In and For the City of Richfield, Minnesota, and, George E. Branton Construction Company" concerning a housing development project in the 66th Street and Rae Drive Area. 2. That the Chairperson and Acting Executive Director are authorized to execute amendments to the "Development .Agreement for 7508 Colfax Avenue South Between The Housing and Redevelopment Authority In and For the City of Richfield, Minnesota, and, George E. Branton Construction Company". 3. That the Chairperson and Acting Executive Director are authorized to execute amendments to the "Purchase Agreement for a Twin Home" with the buyers, Jon and Lisa Louris. 4. That upon execution of a contract by the Chairperson and Acting Executive Director . a) Star Plumbing and Excavating is authorized to initiate and complete the sewer service according to specifications for. $9,000, b) Star Plumbing and Excavating is authorized to initiate and complete the water service according to specifications for $6,000; and c) Gunderson Brothers Cement Contractors is authorized to initiate and complete the concrete work according to specifications for $8,596; 5. That the Acting Executive Director is directed to request the City Council to allocate CP705 funds to fund the public improvements on 66th Street. Passed by the Housing and Redevelopment Authority in and for the City of Richfield, this 15th day of July, 1986. 2~J homas E. Harms, Chairperson ~~ J ~ n Helmberger, Secretar t- 1